Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project
Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project financing agreement with Vista Bank Romania to […]
CBAM News
Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency
Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking
North Macedonia faces critically low hydropower reserves amid prolonged drought
Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data
North Macedonia: OKTA reports strong profit growth despite lower revenues in 2025
North Macedonian oil refinery OKTA, owned by Greece’s Hellenic Petroleum, reported a net profit of 7.3 million euros in the
Hungary boosts domestic oil production to record levels in bid for greater energy security
Hungary continues to rely heavily on imported oil, but the country is stepping up efforts to strengthen domestic production as
Bulgaria: President vetoes amendment requiring security agency approval for Lukoil asset sales
Bulgarian President Rumen Radev has vetoed a recently adopted amendment that would have required the State Agency for National Security
Europe: Brent oil and gas prices stable in late October as OPEC+ confirms production increase
Brent crude oil futures for the Front Month on the ICE exchange reached their weekly high of $65.62 per barrel
Europe: Electricity prices rose in late October amid lower wind and solar output, expected to ease in early November
In the last week of October, average electricity prices rose across all major European markets compared to the previous week.
Europe: Electricity demand declined in late October, expected to rise in early November
During the week of October 27, electricity demand declined across most major European markets compared to the previous week. Italy
Europe: Solar and wind energy production declined in late October, recovery expected in early November
During the week of October 27, solar photovoltaic energy production declined across most major European electricity markets compared to the
Understanding how the European electricity market works: Liberalization, pricing and integration
An electricity market is an organized system where various participants—such as power generators, retailers, and large consumers—buy and sell electrical
Romania: Hidroelectrica exceeds one million customers, driving renewable energy transformation
Electricity producer Hidroelectrica has exceeded one million household and business customers on Romania’s retail electricity market, marking a significant milestone